In response to the limitations of slow reaction kinetics and elevated overpotentials in the OER, a novel core-shell structured electrocatalyst, termed NiCo-ZIF-67@Fe-Co-Ni-PBA or NiCo-ZIF@PBA, has been developed. This material demonstrates exceptional catalytic performance, exhibiting a minimal overpotential of approximately 188 mV at 10 mA cm-2, alongside a Tafel slope of 109 mV dec-1. Its robust stability in a 1 M KOH solution during the OER operations is noteworthy. Theoretical insights from DFT calculations reveal that a Co-O-Fe bridging configuration within NiCo-ZIF@PBA lowers the energy barrier for the reaction to 1.79 eV, a significant reduction from 2.67 eV observed with NiCo-ZIF-67. The improvement in electrochemical performance is primarily due to the emergence of Co3+ ions, which results from the efficient charge transfer occurring at the interface of the PBA and NiCo-ZIF core-shell structure. These findings suggest a promising strategy for designing advanced core-shell materials for electrocatalytic applications.